The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year. Cardano has activated its van Rossem hard fork as of Saturday, upgrading the Cardano mainnet to version 11, which is expected to lower smart contract execution costs and lay the groundwork for Ouroboros...Continue Reading

The attacker allegedly used a flash loan and rapid swaps to manipulate the bridge’s stablecoin exchange rate. Allbridge, the company behind cross-chain stablecoin bridge Allbridge Core, said it has paused the protocol as a precaution after a “security incident” that reportedly saw $1.65 million drained on Sunday. The incident affected Allbridge Core’s Solana deployment, with...Continue Reading

The planned rollout would let thousands of transportation contractors receive digital yen payments more frequently and quickly. AZ-COM Maruwa Holdings, a major Japanese logistics company, plans to adopt the JPYC stablecoin to make payments to around 2,300 business partners, in what is expected to be the first large-scale corporate use of the yen-denominated JPYC stablecoin...Continue Reading

The fate of the CLARITY Act hinges on Trump’s ethics, so the odds aren’t looking great. Prediction market volumes hit new highs, and more news. Polymarket suggests the odds of the CLARITY Act passing this year are just 40%, after a raft of Democratic Senators, including Chris Murphy, Jeff Merkley and Chris Van Hollen, spoke...Continue Reading

Financial Services Commission Chair Lee Eog-won posted the figures on the second anniversary of the enactment of the Virtual Asset User Protection Act. South Korea’s financial authorities investigated more than 40 cases of unfair trading, including market manipulation and fraudulent crypto trading, in the last two years.  According to an X post by Financial Services...Continue Reading